F5 Networks (FFIV) Reports In-Line Q3 EPS, Offers Q4 Guidance

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Go back to F5 Networks (FFIV) Reports In-Line Q3 EPS, Offers Q4 Guidance

F5 Networks Announces Third Quarter Fiscal 2017 Results

July 26, 2017 4:05 PM EDT

SEATTLE--(BUSINESS WIRE)-- F5 Networks, Inc. (NASDAQ: FFIV) today announced revenue of $517.8 million for the third quarter of fiscal 2017, up 4.3% from $496.5 million in the third quarter of fiscal 2016. Growth compared with the third quarter of fiscal 2016 was driven by iSeries appliance and security solutions adoption and Services revenue. Results were impacted by slower activity in EMEA and Japan.

GAAP net income for the third quarter of fiscal 2017 was $97.7 million, or $1.52 per diluted share, compared to $91.8 million, or $1.37 per diluted share in the third quarter of 2016. Non-GAAP net income for the third quarter of fiscal... More